ECONOMY MCQS SET 104

ECONOMY MCQS SET 104

1031) Consider the following statements
1. Oriental Life Insurance Company offering life insurance coverage was established in 1818.
2. Oriental Life Insurance Company offering life insurance coverage was established by Bipin Behari Dasgupta.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Neither 1 nor 2
   
1032) The business in stock markets and other securities markets is regulated by
A) Securities and Exchange Board of India
B) State and Exchange Bank of India
C) Stock and Exchange Bank of India
D) Stock Trade and Exchange Bank of India
Correct Answer: Securities and Exchange Board of India
   
1033) Open market operations, one of the measures taken by RBI in order to control credit expansion in the economy, means
A) Sale or purchase of government securities
B) Issuance of different types of bonds
C) Auction of gold
D) To make available direct finance to borrowers
Correct Answer: Sale or purchase of government securities
   
1034) Which one of the following areas is related with the MCX in India?
A) Trading of multiple commodities in the market
B) Trading of multiple shares of different countries
C) Trading of consultation services in the market
D) None of the above
Correct Answer: Trading of consultation services in the market
   
1035) Consider the following statements
1. S&P CNX Nifty is one of several leading stock market index.
2. Nifty is owned and managed by a joint venture company between National Stock Exchange and Credit Rating and Information Services of India Ltd.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Only 1

1036) Consider the following statements
1. Financial Stability And Development Council is set-up to strengthen and institutionalise the mechanism for maintaining financial stability and development.
2. The Chairman of the Financial Stability and Development Council is the Finance Minister of India.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Both 1 and 2
   
1037) When did the United Stock Exchange of India Limited launch in the Indian capital market?
A) 1990
B) 1995
C) 2000
D) 2010
Correct Answer: 2010
   
1038) Nifty Junior is related with which one of the following markets of the Indian economy?
A) Indian money market
B) Indian commodity market
C) Indian currency market
D) Indian equity market
Correct Answer: Indian money market
   
1039) Consider the following statements
1. External Commercial Borrowings are being permitted as an additional source of funds to all Indian Corporates and PSUs.
2. External Commercial Borrowings refer to commercial loans availed from non-resident lenders with a minimum average maturity of 3 years.
Which of the statements given above is/are correct?
A) Only 1
B) Only 2
C) Both 1 and 2
D) Neither 1 nor 2
Correct Answer: Only 1
 
1040) In which one of the following Five Year Plan, did the EXIM bank establish in India?
A) Second Five Year Plan
B) Third Five Year Plan
C) Sixth Five Year Plan
D) Seventh Five Year Plan
Correct Answer: Sixth Five Year Plan